Market Reaction: Interest Rates Unchanged

Everyone is waiting for tonight's data. Around 1 o'clock, the pie moved upward to 2,000 points. This can actually be seen as an early reaction from the market. There is a high probability that interest rates will continue to remain unchanged at 5.25%-5.5%.

Then the focus must be on the information released by Powell’s subsequent speech, but at present, the signal that currency fans are looking forward to is certain that the interest rate cut will not appear. After all, the current inflation data is not particularly good. It can only be said to be relatively good, and more is needed. Should we wait for better data signals before we can confirm the interest rate cut?

Therefore, this speech may not contain much additional information, but the time is beneficial to currency friends.

I won’t say too much about the trend tonight. As long as there are no surprises, there is no problem in being bullish. You can wait for the opportunity to insert the needle downward in the evening to enter the market, and just grasp the opportunity to enter the market. $BTC $ETH

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